Maersk Wants Port of Hong Kong to Ban Dirty Fuel

Maersk Line, the world’s largest container-shipping company, has threatened to stop using cleaner fuel at the Port of Hong Kong if the government doesn’t mandate higher quality oil for carriers in the city.

Without rules, shipping lines that burn polluting fuel benefit from cheaper costs compared with Maersk, which uses a cleaner fuel that is also more expensive, Bloomberg reported, citing Tim Smith, head of the company’s North Asia division.